CMA's blocking of Microsoft's purchase of Activision may be due to conflict of interest
1 year ago - Alex
Liked by 0 people
Microsoft promises to reverse the situation
After the UK's Competition and Markets Authority (CMA) blocked Microsoft's $68.7 billion acquisition of Activision Blizzard, journalist Jez Corden has learned that the final decision may have been a conflict of interest.
In the publication, Corden claims that Colin Raftery, a senior director at the CMA, previously worked at the law firm Cleary Gottlieb, which has ties to Sony, which could indicate a "favor" for the blue side of the force.
Although Raftery hasn't worked at the firm for a few years, personal relationships may indeed have been a factor in the denial of the acquisition. Of course, Microsoft is already investigating the information and promises to file a new lawsuit to have the purchase approved as early as 2023.
Several agencies have already approved the purchase, which may mean that the position of the British agency will be revised.
After the UK's Competition and Markets Authority (CMA) blocked Microsoft's $68.7 billion acquisition of Activision Blizzard, journalist Jez Corden has learned that the final decision may have been a conflict of interest.
In the publication, Corden claims that Colin Raftery, a senior director at the CMA, previously worked at the law firm Cleary Gottlieb, which has ties to Sony, which could indicate a "favor" for the blue side of the force.
Although Raftery hasn't worked at the firm for a few years, personal relationships may indeed have been a factor in the denial of the acquisition. Of course, Microsoft is already investigating the information and promises to file a new lawsuit to have the purchase approved as early as 2023.
Several agencies have already approved the purchase, which may mean that the position of the British agency will be revised.
Today is a historic moment. We are excited to announce that the world-renowned franchises and talented people at @ATVI_AB will be joining Team Xbox!
— Xbox (@Xbox) January 18, 2022
Full announcement details here: https://t.co/RwF0QgXVwE pic.twitter.com/jIXuYCcndG
Comments
Log in to your account or create one for free on MG Community to participate in comments.